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Thursday, January 28, 2016
Shares in Taiwan closed higher Wednesday, but gains were eroded to some extent since losses on the mainland China market prompted many investors to think about further volatility in the global markets, dealers said.
The economic indicator flashed the "blue" signal in December, marking sluggish growth for the seventh consecutive month, according to a report released by the National Development Council (NDC, 國發會) on Wednesday.
Consumer confidence in Taiwan continues to fall, dropping in January for the ninth consecutive month as the domestic economy remains stagnant, according to a survey released Wednesday.
To provide investors with more comprehensive index and information services, Taiwan Index Plus Corporation (TIP), a wholly owned subsidiary of the Taiwan Stock Exchange (TWSE, 台灣證券交易所), was launched yesterday, ..................
The U.S. dollar fell against the New Taiwan dollar Wednesday, shedding NT$0.015 to close at the day's high of NT$33.710 as local exporters rushed to buy into the local currency to meet end-of-month fund demands, dealers said.
Wednesday, January 27, 2016
The Ministry of Economic Affairs (MOEA, 經濟部) announced last year's private investment figures as NT$1.3408 trillion on Monday, which for the first time fell short of the MOEA's original target of NT$1.4 trillion.
Citing multiple negative factors, researchers at the Taiwan Institute of Economic Research (TIER, 台經院) painted a rather gloomy economic outlook for 2016 at a press event.
Steps taken to ease congestion on Wenhu Line
A series of measures was launched Tuesday to reduce congestion on Taipei Metro's Wenhu Line, and a further proposal to remove seats on some trains to create more standing space is being considered, Taipei Rapid Transit Corp (TRTC) said.
S. Korea growth down as construction slows
South Korea's economic growth slowed in the final quarter of 2015 as a drop in construction investment outweighed an improvement in consumer spending, the country's central bank said Tuesday.
Shares in Taiwan fell on Tuesday, apparently affected by the 200-point decline in the Dow Jones Industrial Average overnight, but the market's benchmark index remained above the 7,800-point mark, dealers said.
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